News for 'General Financial Rules'

HC rejects TMC MP's sealed cover apology in defamation case

HC rejects TMC MP's sealed cover apology in defamation case

Rediff.com15 May 2025

The Delhi high court has refused to accept the apology of TMC MP Saket Gokhale in a sealed cover over a plea of former diplomat Lakshmi Murdeshwar Puri and said he has "tarried and procrastinated" but not complied with its verdict.

Premier League sponsorship regulations 'void and unenforceable'

Premier League sponsorship regulations 'void and unenforceable'

Rediff.com15 Feb 2025

The decision follows a legal challenge by Manchester City against the league's Associated Party Transaction (APT) rules, which regulate commercial deals between clubs and companies linked to their owners if considered above fair market value.

Debt To Wealth: Young People, Read This!

Debt To Wealth: Young People, Read This!

Rediff.com17 Mar 2025

'Understand your financial goals. Next, categorise them by size. Then evaluate your investment options.'

Check Margins To Choose Right Tax Regime

Check Margins To Choose Right Tax Regime

Rediff.com29 May 2025

Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.

7 Secrets That Can Make You A Crorepati

7 Secrets That Can Make You A Crorepati

Rediff.com7 Apr 2025

Crorepatis build wealth through disciplined saving, smart investing, and strategic risk-taking, proving that true financial freedom is earned, not inherited, says Ramalingam Kalirajan

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Sun Pharma Q4 profit down 19% at Rs 2,149.8 cr, revenue up 8%

Rediff.com23 May 2025

India's largest drug maker Sun Pharmaceutical on Thursday posted a decline of 19 per cent year-on-year (Y-o-Y) for its consolidated net profit for the fourth quarter of the financial year 2025 (Q4FY25) at Rs 2,149.8 crore. Meanwhile, its revenue from operations rose by 8 per cent at Rs 12,958.8 crore.

India's GDP growth revised downward to 6.3% for 2025

India's GDP growth revised downward to 6.3% for 2025

Rediff.com17 May 2025

India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.

How a Trump order shook Harvard's international students

How a Trump order shook Harvard's international students

Rediff.com5 Jun 2025

The department of homeland security withdrew Harvard certification under the Student and Exchange Visitor Programme, effectively barring the university from admitting new foreign students and threatened the legal status of current international enrollees.

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

Rediff.com23 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Pahalgam Attack: 'Munir Would Have Known'

Pahalgam Attack: 'Munir Would Have Known'

Rediff.com6 May 2025

'Pakistan's only concern has been while they were on the FATF watch list was to distance their State institutions and organs from any direct connection with the actual execution of militancy inside Kashmir.'

Financial Planning: 3 Mistakes To Avoid

Financial Planning: 3 Mistakes To Avoid

Rediff.com15 Dec 2023

Decisions should not be based on feelings, such as optimism or pessimism about the stock market or specific investment products, suggests Avinash Luthria.

Meet new BCCI secretary Devajit Saikia

Meet new BCCI secretary Devajit Saikia

Rediff.com12 Jan 2025

A former cricketer, Devajit Saikia represented Assam in four first-class matches during the 1990s before transitioning to cricket administration.

Operation Sindoor: The Precision Of Surprise

Operation Sindoor: The Precision Of Surprise

Rediff.com16 May 2025

'You can be sure that the Pakistanis knew when the Indian Air Force aircraft took off, which type these were, and what their likely targets were.' 'The question was: How would they determine that the IAF wanted to fire, and when to bounce them?', notes Shekhar Gupta.

FAQ: IT Dept Can Check E-mail, WhatsApp

FAQ: IT Dept Can Check E-mail, WhatsApp

Rediff.com6 Mar 2025

Here's what you must know about the new rule, its implications, and whether it affects taxpayers' rights and privacy.

Be mindful of social media: Dos and don'ts for new civil servants

Be mindful of social media: Dos and don'ts for new civil servants

Rediff.com25 Apr 2025

The Lal Bahadur Shastri National Academy of Administration (LBSNAA) has issued guidelines to newly selected civil service candidates, advising them to be mindful of their social media posts, reject all forms of inducement, and maintain a high standard of conduct both inside and outside the academy.

Is Rahul Dividing India To Rule?

Is Rahul Dividing India To Rule?

Rediff.com3 Jul 2024

Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.

Hero Electric, Benling barred from all EV incentive schemes

Hero Electric, Benling barred from all EV incentive schemes

Rediff.com29 May 2024

The Ministry of Heavy Industries (MHI) has debarred Hero Electric and Benling India, two defaulters under its flagship Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME-II) scheme, from participating in any of its incentive programmes in future. This action follows the ministry's findings that the phased manufacturing programme (PMP) guidelines were violated by these two companies, senior officials told

Prayagraj demolitions: SC orders Rs 10 lakh compensation to houseowners

Prayagraj demolitions: SC orders Rs 10 lakh compensation to houseowners

Rediff.com1 Apr 2025

The Supreme Court of India has criticized the Uttar Pradesh government and Prayagraj Development Authority for the demolition of homes in the city, calling the actions "inhuman and illegal." The court ordered the authority to pay Rs 10 lakh compensation each to the homeowners, stating that the demolitions were carried out in a "high-handed" manner without following due legal process. The petitioners, whose homes were demolished, argued that the state government wrongly believed the land belonged to gangster-politician Atiq Ahmed. The Allahabad High Court had previously rejected their plea challenging the demolition.

The side effects are real, but Sun Pharma stays on its feet

The side effects are real, but Sun Pharma stays on its feet

Rediff.com21 Apr 2025

After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.

India's fiscal deficit touches 74.5% of full year target at end-Jan

India's fiscal deficit touches 74.5% of full year target at end-Jan

Rediff.com28 Feb 2025

The Centre's fiscal deficit touched 74.5 per cent of the annual target at the end of January 2025, according to the data released by Controller General of Accounts (CGA) on Friday.

Sebi tightens norms for SME IPOs

Sebi tightens norms for SME IPOs

Rediff.com10 Mar 2025

Markets regulator Sebi has notified a stricter regulatory framework for small and medium enterprise (SME) IPOs by introducing a profitability requirement and capping a 20 per cent limit on offer-for-sale (OFS). The reforms aim to provide SMEs with a sound track record an opportunity to raise funds from the public while protecting investor interests. This move follows a rise in SME issues, which has driven significant investor participation.

Trump's Tariff Tsunami: Will India Sink or Reform?

Trump's Tariff Tsunami: Will India Sink or Reform?

Rediff.com21 Apr 2025

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.

'Tax Liability Can Be Reduced By 3L'

'Tax Liability Can Be Reduced By 3L'

Rediff.com21 Feb 2025

rediffGURU Vivek Lala answers your income tax and personal finance queries.

Modi's goal to make India high-income country by 2047 unlikely: Financial Times expert

Modi's goal to make India high-income country by 2047 unlikely: Financial Times expert

Rediff.com5 Jul 2024

Prime Minister Narendra Modi's goal of making India a high-income economy by 2047 is unlikely to be achieved, but the country should become an upper middle-income nation by then, Financial Times chief economics commentator Martin Wolf said on Friday. Wolf further said that India would also become a superpower by 2047. "India wishes to become a high-income country by 2047.

'Crypto is serious threat to financial stability'

'Crypto is serious threat to financial stability'

Rediff.com11 Mar 2024

'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'

Why Are Banks Striking On March 24-25?

Why Are Banks Striking On March 24-25?

Rediff.com7 Feb 2025

Bank employees want a five day work week.

Can Insurers Invest In Bima Sugam India?

Can Insurers Invest In Bima Sugam India?

Rediff.com24 Feb 2025

'Investment by insurers in the Bima Sugam India Federation is illegal as it is a private limited company.'

Builder-Buyer Deals: How To Stay Alert

Builder-Buyer Deals: How To Stay Alert

Rediff.com4 Mar 2025

'Buyers should be provided either a fixed possession date or a firm date for the start of construction.'

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

'General Zia was real startled'

'General Zia was real startled'

Rediff.com21 Mar 2024

'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'

'BJP Won't Be Able To Form Government In Bengal in 2026'

'BJP Won't Be Able To Form Government In Bengal in 2026'

Rediff.com21 Apr 2025

'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'

SC rejects niece's plea for return of Jayalalithaa's assets

SC rejects niece's plea for return of Jayalalithaa's assets

Rediff.com14 Feb 2025

The Supreme Court of India has dismissed a plea filed by the legal heir of former Tamil Nadu chief minister J Jayalalithaa seeking the return of properties confiscated in a corruption case against her. The court stated that the abatement of proceedings due to her death did not mean she was acquitted of the crime. The court upheld the confiscation of her properties, including her iconic residence, Veda Nilayam, land parcels, estates, bank deposits, and other assets, which will be transferred to the Tamil Nadu government.

You Can Be Deported From The US If..

You Can Be Deported From The US If..

Rediff.com3 Apr 2025

Universities and immigration authorities take student conduct seriously. Behaviour that is deemed unacceptable or dangerous can lead to legal consequences, including deportation, warns Dr Pananjay Tiwari, founder and director, Impel Overseas Education.

Yamuna to pollution: Challenges await for new Delhi govt

Yamuna to pollution: Challenges await for new Delhi govt

Rediff.com20 Feb 2025

While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.

'Early Retirement: Smart Move Or Stupid Idea?'

'Early Retirement: Smart Move Or Stupid Idea?'

Rediff.com21 Mar 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Delhi LG makes integrity pact a must for all contracts over Rs 10 cr

Delhi LG makes integrity pact a must for all contracts over Rs 10 cr

Rediff.com11 Apr 2023

In a bid to ensure transparency in government projects, Lieutenant Governor V K Saxena has made mandatory an integrity pact between the Delhi government and a vendor in all contracts exceeding Rs 10 crore, officials said on Tuesday.

SC refuses stay on Adani's Dharavi redevelopment project

SC refuses stay on Adani's Dharavi redevelopment project

Rediff.com7 Mar 2025

The Supreme Court of India has refused to halt the redevelopment project of Dharavi in Mumbai, allowing the Adani Group to proceed with their project. The court rejected a plea from Seclink Technologies Corporation, the original highest bidder for the project in 2018, which challenged the tender process and the award to Adani Properties Pvt Ltd in 2022. The court directed Adani Properties to make payments through a single bank account and ordered Seclink Technologies to file an affidavit detailing their increased offer for the project. The project work has already commenced, with constructions underway and 2,000 people employed on the site.

Want Higher MF Returns? Consider Momentum Investing

Want Higher MF Returns? Consider Momentum Investing

Rediff.com18 Mar 2025

Dwaipayan Bose explains what momentum investing is, how it works, why it generates higher returns and has higher wealth creation potential.

Are Baloch rebels out of Pakistan's control now?

Are Baloch rebels out of Pakistan's control now?

Rediff.com14 Mar 2025

The Balochistan Liberation Army (BLA) has undergone a significant transformation, evolving from hit-and-run attacks to carrying out sophisticated operations with tactical precision. The group's tactics and targets have become increasingly audacious, targeting security forces, Chinese nationals, and innocent civilians. Experts attribute the BLA's evolution to various factors, including the leadership of Bashir Zeb, the group's growing intelligence network, and its exploitation of the grievances of the Baloch people. The BLA's actions are a cause for concern, as the group's sophisticated attacks pose a major challenge to security forces.

'My Mother Received An I-T Notice For...'

'My Mother Received An I-T Notice For...'

Rediff.com8 Apr 2025

rediffGURU Vipul Bhavsar answers readers' personal income tax queries.